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Warehouse District

The plan for the Nate’s Clothing building has reverted back to upscale creative office space after its latest owner abandoned a hotel proposal and sold the Warehouse District mainstay to Minnetonka-based Wildamere Properties.

Regency Hotel Management bought the property, located at 401 1st Ave. N, for $2.7 million in October 2012. It planned to renovate the building into an “upscale boutique hotel” using federal and state historic tax credits.